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March 20, 2012 4:59 PM
Snapping three days of losses, the Sensex at the Bombay Stock Exchange rose a modest 43 points, or 0.3 percent, to 17,316, after volatile trade, today, as investors picked up blue-chips at lower levels. The Sensex had lost over 645 points in the last three trading sessions. The Nifty at the National...
March 20, 2012 4:50 PM
The government today said that State Bank of India (SBI) has not extended any life-line to the cash-strapped Kingfisher Airlines this fiscal. In a written reply to the Rajya Sabha, Minister of State for Finance, Namo Narain Meena said that SBI, the leader of the consortium of lender banks, has infor...
March 20, 2012 4:36 PM
The production of total pulses have been increased in the country. It has increased to 14.20 million tones during 2006-07 to 18.24 million tones during 2010-11 .It is around four million tones higher. This was informed by Agriculture Minister Sharad Pawar in a written reply in the Lok Sabha today. H...
March 20, 2012 2:28 PM
The rupee eased by 3 paise to 50 rupees 26 paise against the dollar in early trade today. Traders said apart from increased demand for the dollar from importers, dollar gains against other Asian currencies overseas mainly weighed on the rupee sentiment. The rupee had ended lower by 5 paise at 50 rup...
March 20, 2012 2:24 PM
The government today said the import of gold and silver amounted to 54.5 billion US dollars during the current fiscal from April 2011 to February 2012. This was stated by the Finance Minister Mr PranabMukherjee in a written reply in the Rajya Sabha. He said gold imports are estimated at 40.5 billion...
March 20, 2012 2:11 PM
Erasing all its initial gains, the Sensex at the Bombay Stock Exchange was down 36 points, or 0.2 percent, at 17,238 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had gained 73 points, or 0.4 per cent, to 17,346 on fresh buying by funds and retail investors at at...
March 20, 2012 1:14 PM
IMF chief Christine Lagarde met Finance Minister Pranab Mukherjee in New Delhi and deliberated on the importance of the multilateral agency in stabilising the world economy. Lagarde, who is on a two-day visit to India, said that she had elaborate discussions on the general economic situation. Later,...
March 20, 2012 11:51 AM
The Sensex at the Bombay Stock Exchange, which snapped a three-session losing streak in opening trade today, was trading 73 points in the positive territory at 17,346 in late morning deals, when reports last came in. With metal, realty and capital goods sector stocks leading the recovery, the 30-sha...
March 20, 2012 10:12 AM
China has raised the price of petrol by about 6% and diesel about 7% for the second time in 2012, as it struggles with the rising cost of crude oil. Global oil prices have been high because of tensions with key supplier Iran.The move is aimed at ensuring domestic fuel supplies and to help local refi...
March 20, 2012 10:09 AM
The rupee eased by 3 paise to 50 rupees 26 paise against the dollar in early trade today. Traders said apart from increased demand for the dollar from importers, dollar gains against other Asian currencies overseas mainly weighed on the rupee sentiment. The rupee had ended lower by 5 paise at 50 rup...
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